Carl purchased an apartment complex for $ 2 . 3 million on March 1 7 of year
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Carl purchased an apartment complex for $ million on March of year of the purchase price, $ was attributable to the land the complex sits on He also installed new furniture into half of the units at a cost of $Use MACRS Table Table Table Table and Table
Note: Enter your answers in dollars and not in millions of dollars.
a What is Carl's allowable depreciation deduction for his real property for years and
Note: Round your final answers to the nearest whole dollar amount.
Related Book For
Taxation Of Individuals And Business Entities 2015
ISBN: 9780077862367
6th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
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